Daily Bafflements

• Following the Forbes bracket for startup jargon, Re/code now has a guide to VC jargon, from “magnet skills” to “power alley” to “too native.” Woof. (Via Kyle Chayka.)

• “Stung by recent polling that showed only a third of Boston residents want the city to host the 2024 Summer Olympics, the group organizing the bid has reversed itself and now supports a voter referendum on the proposal, an inauspicious development for an already shaky bid,” reports the New York Times. Yes!

• Today in Billionaires: Hillary Clinton says she wants a clean slate with the press. How nice! Here, we’ll do our part, by giving some free press for a Kickstarter that’s trying to raise money to make a Clinton action figure (and to get her to run).

• Today in Minimum Wage: this Wall Street Journal op-ed wants us to remember “The Unappetizing Effect of Minimum-Wage Hikes.” Restaurants are already shutting down! Or eliminating tips for their servers! Will anyone ever eat again? Michael Saltsman declares that “it’s probably too late” to save any Oakland or San Francisco businesses, but he’s holding out hope for Los Angeles and New York.